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PREUDENTIAL REGULATIONS FOR MODARABA
09-29-2004, 01:45 AM
Post: #1
PREUDENTIAL REGULATIONS FOR MODARABA
AoA

The prudential regulations for modaraba say that equity means
Modaraba Fund (FREE OF LOSSES)
Reserves and
Unappropriated profits

Now what this free of losses means subtracting losses or ignoring losses
and what reserves are included in RESERVES

can anyone tell me

Bye
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